Question 5 of 48 Which result will most likely happen if the government institutes a binding minimum wage?
A. Quantity of labor demanded will increase.
B. Quantity of labor supplied will increase.
C. The supply curve for labor will shift to the right.
D. The demand curve for labor will rhift to the right.

Around the third week of a college class, a professor decides she’s had enough, is tired of dealing with bureaucracies, and wants out. so one day, instead of coming to class, she flies to tahiti and sells souvenirs on the beach. if this happened, the college would simply assign a substitute to finish the course. what does this tell you about the nature of the authority wielded by a professor?